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EQUITY-BASED INCENTIVE PLANS (Tables)
12 Months Ended
Dec. 31, 2022
Retirement Benefits [Abstract]  
Share-based Payment Arrangement, Option, Activity
The following table summarizes stock option activity for the Plans:
OptionsWeighted Average Exercise PriceAggregate Intrinsic ValueWeighted
Average
Remaining Contractual Life
(In thousands)
Outstanding at December 31, 2020310,083 $4.41 $104 2.2 years
Granted393,750 $5.84 $— 
Exercised(60,000)$3.36 $177 
Forfeited/Expired(88,416)$3.97 $103 
Outstanding at December 31, 2021555,417 $5.61 $71 7.3 years
Granted1,155,000 $3.61 $— 
Exercised— $— $— 
Forfeited/Expired(400,000)$4.17 $148 
Outstanding at December 31, 20221,310,417 $4.29 $535 8.0 years
Exercisable at December 31, 2022262,917 $5.37 $33 3.7 years
Vested and expected to vest at December 31, 20221,310,417 $4.29 $535 8.0 years
Unrecognized stock-based compensation expense at December 31, 2022 (in thousands)$1,024 
Weighted average remaining vesting period at December 31, 20222.3 years
Schedule of Nonvested Restricted Stock Units Activity
The following table summarizes nonvested restricted stock activity for the Plans:
RSAsRSUs
SharesWeighted
Average Grant
Date Fair Value
UnitsWeighted
Average Grant
Date Fair Value
Nonvested at December 31, 2020684,006 $3.38 986,500 $1.58 
Granted324,401 $5.56 506,500 $5.84 
Vested(394,169)$3.30 (28,834)$3.19 
Forfeited(96,669)$3.77 (450,000)$1.42 
Nonvested at December 31, 2021517,569 $4.74 1,014,166 $3.73 
Granted296,000 $3.62 709,804 $3.73 
Vested(309,567)$4.57 (646,668)$2.65 
Forfeited(98,001)$4.87 (235,000)$4.21 
Nonvested at December 31, 2022406,001 $4.02 842,302 $4.42 
Unrecognized stock-based compensation expense at December 31, 2022 (in thousands)$1,160 $2,507 
Weighted average remaining vesting period at December 31, 20221.7 years1.8 years
Share-based Payment Arrangement, Cost by Plan
Compensation expense (credit) for share-based awards recognized in general and administrative expenses was comprised of the following:
Years Ended
December 31,
20222021
(In thousands)
Options$488 $104 
RSAs1,360 1,521 
RSUs1,972 428 
Total compensation expense for share-based awards$3,820 $2,053